Deal closed Aug 2016 Verified
Regal Beloit Acquires Emerson's Power Transmission Solutions Business
Regal Beloit previously acquired the Power Transmission Solutions (PTS) business from Emerson Electric Co. The integration is ongoing, with synergy programs on an accelerated schedule and additional cost actions initiated.
“uncertainties regarding our ability to execute our restructuring plans within expected costs and timing; increases in our overall debt levels as a result of the acquisition of the Power Transmission Solutions (“PTS”) business from Emerson Electric Co., or otherwise and our ability to repay principal and interest on our outstanding debt”
Entities
Other Sentiment: Neutral
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